Paired Fourplex Investment
833 N Lacy Street Santa Ana, CA 92701
833 N Lacy Street, Santa Ana, CA, 92701
$1,995,000
For Sale
$1,995,000
MULTI_FAMILY - Santa Ana, CA
Days on Market444
Property Features for 833 N Lacy Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 39804201
Utilities
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1946
Listing agency
Ricci Realty
(714) 633-3600
Listed by
Albert Ricci · License #01011606
(714) 231-6058
Added: May 6, 2025 Updated: Jul 17 at 10:43AM Checked: Jul 23 at 1:06AM
MLS# PW25101465
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Investment Insights
Based on property information with market context.
This offering consists of a pair of fourplexes with a similar layout, plus a separate building for community laundry. Each fourplex provides eight one-bedroom floorplans, with an eat-in kitchen, living room, and a full bathroom. Four units are on the ground level and four units are on the second level, and all units have individual access. Flooring is a combination of laminate tile and vinyl flooring, with tile countertops throughout. A third building houses the community/coin-op washer and dryer; the washer/dryer units are leased.
The properties are located in the French Park neighborhood of Santa Ana, with one fourplex facing 506 Vance St and the other facing 833 N Lacy St. Tenant garage parking is available in a total of seven one-car spaces, with three spaces facing the alley toward the North East and four spaces facing Vance St on the North West side.
For prospective owners or operators, this structure provides 1-bedroom unit density with on-site, leased community laundry and dedicated garage parking. Reported actual rents total $139,392, with potential rents listed at $191,520 based on $1,995 per unit for eight units per building.
The properties are located in the French Park neighborhood of Santa Ana, with one fourplex facing 506 Vance St and the other facing 833 N Lacy St. Tenant garage parking is available in a total of seven one-car spaces, with three spaces facing the alley toward the North East and four spaces facing Vance St on the North West side.
For prospective owners or operators, this structure provides 1-bedroom unit density with on-site, leased community laundry and dedicated garage parking. Reported actual rents total $139,392, with potential rents listed at $191,520 based on $1,995 per unit for eight units per building.
Key Highlights
- Pair of fourplexes in Santa Ana: one at 506 Vance St and one at 833 N Lacy
- Total 16 one‑bedroom units with eat‑in kitchens, living rooms, and full bathrooms
- Unit mix: 4 ground‑level and 4 second‑level per building, each with individual access
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Two fourplexes with individual-access one-bedroom units and leased coin-op laundry, plus tenant garage spaces.
Where is this quadplex located?
The property is located at 833 N Lacy Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Pair of fourplexes in Santa Ana: one at 506 Vance St and one at 833 N Lacy; Total 16 one‑bedroom units with eat‑in kitchens, living rooms, and full bathrooms; Unit mix: 4 ground‑level and 4 second‑level per building, each with individual access